Price for Powders of Pig Iron in Oman - 2021

Contents:

  1. Price for Powders of Pig Iron in Oman (CIF) - 2022
  2. Price for Powders of Pig Iron in Oman (FOB) - 2022
  3. Imports of Powders of Pig Iron in Oman
  4. Exports of Powders of Pig Iron in Oman

Price for Powders of Pig Iron in Oman (CIF) - 2022

The average powders of pig iron import price stood at $969 per ton in 2022, reducing by -30.6% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 an increase of 29%. Over the period under review, average import prices hit record highs at $1,832 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($2,267 per ton), while the price for Bahrain amounted to $776 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (-8.1%).

Price for Powders of Pig Iron in Oman (FOB) - 2022

In 2022, the average powders of pig iron export price amounted to $592 per ton, picking up by 6.4% against the previous year. In general, the export price, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2015 an increase of 43%. As a result, the export price reached the peak level of $1,779 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,138 per ton), while the average price for exports to India stood at $276 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+2.0%), while the prices for the other major destinations experienced a decline.

Imports of Powders of Pig Iron in Oman

In 2022, overseas purchases of powders of pig ira increased by 38% to 177 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a relatively flat trend pattern.

In value terms, powders of pig iron imports shrank modestly to $171K in 2022. Over the period under review, imports, however, showed a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 8.5%.

Import of Powders of Pig Iron in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain15911849.9127-7.2%
South Africa18.917.345.622.15.4%
Others29.128.683.022.1-8.8%
Total208164178171-6.3%

Top Suppliers of Powders of Pig Iron to Oman in 2022:

  1. Bahrain (163.8 tons)
  2. South Africa (9.8 tons)

Exports of Powders of Pig Iron in Oman

In 2022, after three years of growth, there was significant decline in shipments abroad of powders of pig ira, when their volume decreased by -32.2% to 33 tons. In general, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 181%.

In value terms, powders of pig iron exports shrank notably to $20K in 2022. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 125%.

Export of Powders of Pig Iron in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.57.25.413.958.4%
India1.94.32.75.845.1%
YemenN/A0.615.3N/A2450.0%
PakistanN/AN/A3.8N/A0%
OthersN/AN/AN/AN/A0%
Total5.412.127.219.753.9%

Top Export Markets for Powders of Pig Iron from Oman in 2022:

  1. India (21.0 tons)
  2. United Arab Emirates (12.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or steel, pig iron, spiegeleisen; powders (excluding alloy steel) - Oman